Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Trelleborg AB ( ($SE:TREL.B) ) has shared an announcement.
Trelleborg AB announced the repurchase of 122,978 series B shares as part of a buyback program aimed at optimizing the company’s capital structure and enhancing shareholder value. This initiative, which is in compliance with EU regulations, is part of a larger program to repurchase up to 2.5 million shares, with the intent to cancel them at future Annual General Meetings, except those allocated for the Performance Share Program 2025/2027.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK425.00 price target. To see the full list of analyst forecasts on Trelleborg AB stock, see the SE:TREL.B Stock Forecast page.
More about Trelleborg AB
Trelleborg is a global leader in engineered polymer solutions, leveraging materials and applications expertise to offer a diverse portfolio for complex applications. In 2024, the company reported sales of approximately SEK 34 billion and operates in around 40 countries, with business areas including Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. Trelleborg’s shares are listed on Nasdaq Stockholm, Large Cap.
YTD Price Performance: -6.98%
Average Trading Volume: 449,269
Current Market Cap: SEK79.59B
See more data about TREL.B stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue